Podcast
Questions and Answers
What does management entail in the broader sense?
What does management entail in the broader sense?
- Executing tasks solo
- Ignoring organizational resources
- Avoiding planning and organizing
- Achieving organizational goals through people (correct)
Which functions are excluded from the scope of management?
Which functions are excluded from the scope of management?
- Identification of objectives
- Production, finance, marketing, and personnel (correct)
- Planning, organizing, leading, and controlling
- Dealing with organizational resources
Who is credited with summarizing the essence of management in modern society?
Who is credited with summarizing the essence of management in modern society?
- Henry Ford
- Steve Jobs
- John D. Rockefeller
- Peter F. Drucker (correct)
What role does the determination of objectives play in an organization?
What role does the determination of objectives play in an organization?
Which of the following best describes the scope of management?
Which of the following best describes the scope of management?
In what way does management play a unique role in modern society?
In what way does management play a unique role in modern society?
What is one of the roles of management in a business, as stated in the text?
What is one of the roles of management in a business, as stated in the text?
What does management do to meet the challenges in a business?
What does management do to meet the challenges in a business?
What does management provide to an enterprise, as mentioned in the text?
What does management provide to an enterprise, as mentioned in the text?
How does management contribute to the smooth running of a business?
How does management contribute to the smooth running of a business?
What is one of the social benefits provided by management, according to the text?
What is one of the social benefits provided by management, according to the text?
How does management contribute to national economic development?
How does management contribute to national economic development?
What is the main reason why management is considered essential in a business?
What is the main reason why management is considered essential in a business?
Why is employment generation mentioned as an outcome of management activities?
Why is employment generation mentioned as an outcome of management activities?
What does the text emphasize as the essential role of management in a developing country like India?
What does the text emphasize as the essential role of management in a developing country like India?
Which factor remains stagnant without the presence of effective management?
Which factor remains stagnant without the presence of effective management?
What aspect distinguishes management from administration according to the text?
What aspect distinguishes management from administration according to the text?
